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Feds Close Arkansas National Bank For "Unsafe And Unsound" Practices
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Huffington Post
- 5/11/2008
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David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accounts under $100,000, which will be fully insured by the government. Barr says customers can continue to write checks and draw money from ATMs through the weekend. Barr says
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Federal Regulators Close ANB Financial
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Wall Street Journal Online
- 5/10/2008
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marking the third financial institution to fail this year amid what regulators have warned might be a tumultuous time. The $2.1 billion bank, of Bentonville, Ark., is the second-biggest federally insured bank to fail since 2001. ANB, which opened in 1994, had touted itself as one of the first Intern
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Federal regulators close Arkansas bank ANB Financial [XFNA]
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Aastocks.com
- 5/10/2008
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Federal regulators close Arkansas bank ANB Financial BENTONVILLE, Ark. (AP) - Federal regulators says they've closed ANB Financial National Association banks after discovering "unsafe and unsound" business practices there. David Barr, a spokesman for the Federal Deposit Insurance Corp. says many cus
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Regulators close US regional bank
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Financial Times
- 5/10/2008
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ANB Financial, a $2.1bn bank in Arkansas, was on Friday closed down by US regulators, and became largest bank failure of the year and the third largest failure since the savings and loan crisis of the 1980s and 1990s. The development comes amid warnings by some regulators of a likely increase in ban
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Regulators shutter Arkansas bank
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Fortune
- 5/9/2008
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BENTONVILLE, Ark. (AP) -- Federal regulators says they've closed ANB Financial National Association banks after discovering 'unsafe and unsound' business practices there. David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accou
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ANB Financial banks closed by federal regulators over 'unsafe and unsound' practices
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Canadian Business Magazine
- 5/9/2008
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BENTONVILLE, Ark. (AP) - Federal regulators says they've closed ANB Financial National Association banks after discovering 'unsafe and unsound' business practices there. David Barr, a spokesman for the Federal Deposit Insurance Corp. says many customers served by the bank's nine locations had accoun
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